By Amruta Khandekar and Devik Jain (Reuters) -European shares rose on Thursday after Liz Truss said she was resigning as…
Fed’s Harker says high inflation calls for more rate hikes
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the central…
Investors file lawsuit against Volkswagen over climate-change related lobbying disclosures
BERLIN (Reuters) – Six Volkswagen investors filed a case against the carmaker this week for refusing to discuss at its…
Whirlpool opens factory in Argentina with $52 million investment
By Eliana Raszewski BUENOS AIRES (Reuters) – Appliance maker Whirlpool Corp is set to inaugurate a new factory in Buenos…
Kering sales rise 14% in third quarter but Gucci lags
PARIS (Reuters) – French luxury group Kering said sales in the third quarter increased by 14%, driven by a strong…
Hermes plans big price rises, says no sign of slowdown
By Mimosa Spencer PARIS (Reuters) -Birkin bag maker Hermes flagged plans to hike prices by 5% to 10% in 2023…
Union Pacific confident of labor deal ratification; flags possibility of strike
By Abhijith Ganapavaram (Reuters) – U.S. railroad Union Pacific Corp’s chief executive expressed confidence on workers agreeing to a new…
Banking agencies to provide guidance on crypto after better understanding risks- FDIC head
By Hannah Lang (Reuters) -Banking regulators expect to provide industry guidance to financial institutions on crypto-related activities once agencies better…
Dow beats Q3 estimates, plans $1 billion in cost cuts as energy prices rise
By Ruhi Soni (Reuters) -Chemicals giant Dow Inc on Thursday beat third-quarter profit estimates and outlined plans to cut costs…
Russian business climate worsened in Oct -central bank
MOSCOW (Reuters) – Russia’s central bank said on Thursday that its business climate index slid into negative territory in October,…